This paper aims to provide a conceptual and operational context for analysing regional inequalities. It does so by utilizing a 'search & matching' framework. The model, developed in this paper, maps the way in which individuals are distributed according to: 1) the abilities of individuals to...

This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical...

Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and...

In this paper an attempt is made to assess the hypothesis of re- gional club-convergence, using a spatial panel analysis combined with B-Splines. In this context, a ‘convergence-club' is conceived as a group of regions that in the long-run move towards steady-state equilib- rium, approximated...

Convergence across regional economies has spurred one of the most debatable issues in contemporary research in economics. In this paper we seek to address the question of whether, during the period 1995-2004 the NUTS-2 regions of EU-26 exhibited a tendency to converge in terms of agricultural...

In recent years, migrant entrepreneurs have come to occupy a prominent place in the SME sector in many cities in developed countries, with varying degrees of success. The concept of migrant entrepreneurship suggests a homogeneous set of actors, but it remains to be seen whether differences in...

This paper introduces and surveys ecological-economic analysis and valuation of biodiversity. Furthermore, the notion and application of economic, monetary valuation of biodiversity is critically evaluated. A classification of biodiversity values is offered, based on a system of logical...

Demographic patterns in our world (e.g., aging processes, birth and death rates) are increasingly influenced by migration movements. A rising number of people is ‘on the move’, in search of a better fortune elsewhere. It is noteworthy that nowadays many migration movements do not show...

The geographical distribution and persistence of regional/local unemployment rates in heterogeneous economies (such as Germany) have been, in recent years, the subject of various theoretical and empirical studies. Several researchers have shown an interest in analysing the dynamic adjustment...

An avalanche of empirical studies has addressed the validity of the rank-size rule (or Zipf's law) in a multi-city context in many countries. City size in most countries seems to obey Zipf's law, but the question under which conditions (e.g. sample size, spatial scale) this 'law' holds remained...